Newmark Associates Announces Sale of Hunterdon County Industrial Park
Newmark Associates recently announced the sale of a 157,000 square foot industrial park in Readington, New Jersey.
The Readington Township industrial park is centrally located within the suburban surroundings of Hunterdon County, while providing convenient access to major transportation routes, including highways and railways. Ideally situated near Route 22, this industrial park has become one of the most sought-after locales for companies in various industries, including pharmaceutical testing/manufacturing, warehousing, distribution and logistics.
The sale of this industrial park was the result of the collective efforts of Managing Director Deborah Myers, who represented the Buyer, Commerce Park Investors, LLC and the sales team of Helene Elbaum and Marjorie Dorne-Murphy, who represented the Seller. Their expertise and collaboration, combined with their in-depth knowledge of the local market, played a pivotal role in successfully marketing and selling this prominent property, totaling $15.5 million dollars.
Commenting on the sale, a spokesperson for Newmark Associates said, “We are thrilled to have represented both the buyer and seller in the sale of this exceptional industrial property. We are proud to have facilitated this successful sale and look forward to continuing to serve the needs of our clients.”
Newmark Associates, CRE is a full-service commercial real estate brokerage firm serving clients throughout the state of New Jersey. With a focus on providing exceptional service and customized solutions, the firm’s experienced team of brokers and agents are dedicated to helping clients achieve their real estate objectives. For further information, please visit www.newmarkrealestate.com